Here’s the technical analysis for $SXT/USDT based on the 1-hour chart you provided:
$SXT /USDT POTENTIAL REVERSAL SETUP – SUPPORT HOLDING AT $0.0972!
After dipping to the $0.0972 support, $SXT rebounded strongly toward $0.1059, showing early signs of recovery. The current price at $0.1011 indicates a pullback, but structure still favors bulls if price holds above $0.1000.
Trade Setup (LONG):
Entry Zone: $0.1000 – $0.1015
Target 1: $0.1040
Target 2: $0.1065
Stop Loss: $0.0970
Why Long?
The chart shows a potential double-bottom formation at $0.0972, followed by a strong breakout. Current pullback could be retest of the breakout level. If $SXT reclaims momentum above $0.1015, next resistance zones may get tested.
Risk Management Tip:
Use tight SL below $0.0970. If price breaks below recent support, bullish structure fails — exit quickly to avoid deeper losses.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
buy and trade here on $SXT
